Price is currently hovering around 144.340, and I'm anticipating a short-term pullback into the 144.786 zone — a key area of interest that aligns with a premium supply zone and possible order block on the H1/H4 timeframe.
This retracement may serve as a liquidity grab before price resumes its bearish move toward 142.526, which sits near a higher timeframe demand zone or liquidity pool.
If bearish confirmation (e.g., M-formation, bearish engulfing, or break of internal structure) appears at 144.786, I’ll be looking to short down to 142.526.
🔹 Short-term bias: Bullish retracement
🔻 Mid-term bias: Bearish continuation
🔍 Key Levels:
Retracement zone: 144.786
Target zone: 142.526
Current price: 144.340
📌 Risk Management Note: This is not financial advice. Always use proper risk-to-reward (RR) setups, manage your lot size wisely, and never risk more than 1–2% of your account per trade. Trading involves risk — protect your capital first.
This retracement may serve as a liquidity grab before price resumes its bearish move toward 142.526, which sits near a higher timeframe demand zone or liquidity pool.
If bearish confirmation (e.g., M-formation, bearish engulfing, or break of internal structure) appears at 144.786, I’ll be looking to short down to 142.526.
🔹 Short-term bias: Bullish retracement
🔻 Mid-term bias: Bearish continuation
🔍 Key Levels:
Retracement zone: 144.786
Target zone: 142.526
Current price: 144.340
📌 Risk Management Note: This is not financial advice. Always use proper risk-to-reward (RR) setups, manage your lot size wisely, and never risk more than 1–2% of your account per trade. Trading involves risk — protect your capital first.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.